Chimera Increases Q3 2024 Common Stock Dividend From $0.35 To $0.37 Per Share
Portfolio Pulse from Benzinga Newsdesk
Chimera Investment Corporation has announced an increase in its Q3 2024 common stock dividend from $0.35 to $0.37 per share, marking the second consecutive quarter of dividend growth. The dividend will be payable on October 31, 2024, to shareholders of record on September 30, 2024.
September 19, 2024 | 9:17 pm
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Chimera Investment Corporation has increased its Q3 2024 dividend to $0.37 per share, up from $0.35, indicating a positive outlook and commitment to shareholder value.
The increase in the dividend for the second consecutive quarter suggests a strong financial position and a positive outlook for Chimera. This is likely to attract investors seeking income, potentially driving up the stock price in the short term.
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